BPOP EVP reports tax-withholding share disposition
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Rhea-AI Filing Summary
POPULAR, INC. Executive Vice President Eduardo J. Negron reported a Form 4 transaction involving a tax-related share disposition rather than an open-market trade. On the reported date, 3,014 shares of common stock were delivered at $164.18 per share to satisfy tax obligations. After this withholding event, he directly held 38,442.335 common shares. A footnote adds that this total includes 208.946 shares acquired through dividend reinvestment under an exemption from Section 16.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock Par Value $0.01 per share | 3,014 | $164.18 | $495K |
Footnotes (1)
- F1. Includes 208.946 shares acquired pursuant to reinvestment of dividends paid by the Corporation. The shares were acquired in transactions exempt from Section 16 of the Securities Exchange Act of 1934 pursuant to Rule 16a-11 thereunder.
Key Figures
Key Terms
Form 4 regulatory
tax-withholding disposition financial
Section 16 regulatory
Rule 16a-11 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did POPULAR, INC. (BPOP) report for Eduardo J. Negron?
Was Eduardo J. Negron’s BPOP stock transaction a sale on the open market?
AI-generated analysis. How Rhea-AI works. Not financial advice.